
Microcatheter Market Poised for Robust Growth, Expected to Reach USD 2.0 Billion by 2033
The Global Microcatheter Market is projected to reach a value of approximately USD 2.0 Billion by 2033, showing a steady growth trajectory from USD 1.2 Billion in 2023, with a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period spanning from 2024 to 2033. This growth is primarily attributed to the increasing adoption of minimally invasive procedures worldwide and the escalating prevalence of chronic ailments such as cancer, neurovascular disorders, cardiovascular diseases, and other similar conditions. Microcatheters, small hollow tubes inserted into blood vessels for various interventions, play a crucial role in delivering different interventional devices to these…
- Date: March 4, 2024
- Author: Robert Shaw
- Category: PharmiWeb